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ALIT Stock Price Correlated With Alight Financials

ALIT Stock Price vs. Quarterly
ALIT
Income Statement
Cash Flow
Balance Sheet

ALIT Income Statement

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Revenue, Net:
Revenue Per Share:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
Earnings Per Share, Diluted:
Earnings Per Share, Basic:
Shares Outstanding, Basic Avg:
Shares Outstanding, Diluted Avg:
Common Stock Shares Outstanding:

ALIT Cash Flow

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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Net Cash from Operations Per Share:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:

ALIT Balance Sheet

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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Cannae Holdings.
52,477,062 sh
 
$447,629
Vanguard Group
35,198,914 sh
547,614 sh
2%
$300,248
$54,570
Arrowmark Colorado Holdings
31,675,176 sh
-32,250 sh
0%
$270,189
$45,383
Blackrock.
29,831,900 sh
3,300,869 sh
12%
$254,467
$66,361
Fpr Partners
28,200,084 sh
-6,484,400 sh
-19%
$240,547
-$5,366
Fidelity National Financial.
22,300,000 sh
2,300,000 sh
12%
$190,219
$48,419
Janus Henderson Group Plc
18,729,178 sh
99,568 sh
1%
$159,759
$27,675
Glenview Capital Management
18,202,012 sh
1,835,481 sh
11%
$155,263
$39,224
New Mountain Capital
17,295,531 sh
 
$147,531
Blackstone Group
16,398,590 sh
-7,510,466 sh
-31%
$139,880
-$29,635
Empyrean Capital Partners, Lp
13,200,000 sh
1,750,000 sh
15%
$112,596
$31,415
Dimensional Fund Advisors
12,171,721 sh
3,018,711 sh
33%
$103,826
$38,930
Davenport & Co
12,029,697 sh
-294,927 sh
-2%
$102,984
$15,227
River Road Asset Management
9,360,406 sh
263,242 sh
3%
$79,844
$15,345
Greenlight Capital
9,241,670 sh
9,241,670 sh
NEW
$78,832
$78,832
State Street
9,043,164 sh
888,188 sh
11%
$77,138
$19,319
Wolf Hill Capital Management
8,642,441 sh
8,642,441 sh
NEW
$73,720
$73,720
Geode Capital Management
8,334,464 sh
583,934 sh
8%
$71,101
$16,143
Solel Partners Lp
6,667,317 sh
1,208,500 sh
22%
$56,872
$6,433
Tensile Capital Management
6,422,638 sh
243,603 sh
4%
$54,785
-$2,309
COMPANY PROFILE
1. Basis of Presentation and Nature of Business Foley Trasimene Acquisition Corp. (“FTAC”) was incorporated in Delaware on March 26, 2020 . FTAC was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. On July 2, 2021 (the “Closing Date”), FTAC completed the business combination (the “Business Combination”) with Alight Holding Company, LLC (f/k/a Tempo Holding Company, LLC) (“Alight Holdings” or the “Predecessor”) contemplated by the Business Combination Agreement (as amended and restated as of April 29, 2021) between FTAC, Alight Holdings and other interested parties (the “Business Combination Agreement”). On the Closing Date, pursuant to the Business Combination Agreement, FTAC became a wholly owned subsidiary of Alight, Inc. (“Alight”, “the Company”, “we” “us” “our” or the “Successor”) and was renamed Alight Group, Inc. As a result of the Business Combination, and by virtue of such series of mergers and related transactions, the combined company is now organized in an “Up-C” structure, in which substantially all of the assets and business of Alight are held by Alight Holdings, of which Alight is the managing member pursuant to the terms of the Second Amended and Restated Limited Liability Company Agreement of Alight Holdings that went into effect upon the completion of the Business Combination. As of March 31, 2022, Alight owns approximately 86 % of the economic interest in Alight Holdings, but has 100 % of the voting power and controls the management of Alight Holdings. As of March 31, 2022, the non-voting ownership percentage held by noncontrolling interest was approximately 14 % (see Note 9 "Stockholders' and Members' Equity" for additional information). Basis of Presentation As a result of the Business Combination, for accounting purposes, the Company is the acquirer and Alight Holdings is the acquiree and accounting predecessor. While the Closing Date was July 2, 2021, we determined that as the impact of one day would be immaterial to the results of operations, we utilized July 1, 2021 as the date of the Business Combination for accounting purposes. Therefore, the financial statement presentation includes the financial statements of Alight Holdings as Predecessor for the periods prior to July 1, 2021 and the Company as Successor for the periods including and after July 1, 2021, including the consolidation of Alight Holdings. The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information and should be read in conjunction with the Consolidated Financial Statements contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, filed with the Securities and Exchange Commission (“SEC”) on March 10, 2022. In the opinion of management, all adjustments, including normal recurring adjustments, considered necessary for a fair presentation have been included. All significant intercompany transactions and balances have been eliminated upon consolidation. The results of operations for interim periods are not necessarily indicative of the results to be expected for future quarters or for the full fiscal year ending December 31, 2022.

Nature of Business We are a leading cloud-based provider of integrated digital human capital and business solutions. We have an unwavering belief that a company’s success starts with its people, and our solutions connect human insights with technology. The Alight Worklife® employee engagement platform provides a seamless customer experience by combining content, plus artificial intelligence (“AI”) and data analytics to enable Alight's business process as a service ("BPaaS") model. Our mission-critical solutions enable employees to enrich their health, wealth and wellbeing which helps global organizati

Free historical financial statements for Alight Inc.. See how revenue, income, cash flow, and balance sheet financials have changed over 10 quarters since 2021. Compare with ALIT stock chart to see long term trends.

Data imported from Alight Inc. SEC filings. Check original filings before making any investment decision.